1-Octene market size is projected to reach US$ 2543.1 million by 2028, from US$ 1922.9 million in 2021, at a CAGR of 4.1% during 2022-2028. An important use of 1-octene is for the production of linear aldehydes via oxo synthesis (hydroformylation) to give c9 aldehydes (nonanal). The oxidation of this aldehyde gives the short-chain fatty acid nonanoic acid. The hydrogenation of the same aldehyde gives fatty alcohol 1-nonanol, which is used as a plasticizer.
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By Type
As a Comonomer for LLDPE, HDPE, PP
As Surfactant or Plasticizer for 1-Octanol
Others
By Application
Polyethylene, Polypropylene Plastics
Surfactant
Plasticizer
Synthetic Lubricant
Others
Top Major key Player:
Chevron Phillips Chemical
Royal Dutch Shell
Sasol
INEOS
Idemitsu Kosan
Nizhnekamskneftekhim
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Scope of the Report
The research study analyzes the global 1-Octene Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by 1-Octene Market Report
1. What was the 1-Octene Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of 1-Octene Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the 1-Octene Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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